EQUITY LIFESTYLE PROPERTIES (ELS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ELS - US29472R1086 - REIT
Taking everything into account, ELS scores 4 out of 10 in our technical rating. ELS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, ELS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 62.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.98, a Stop Loss order could be placed below this zone.
More info and screens
57.84
4 important support areas can be observed.
- A support zone ranging from 61.59 to 61.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.53 from a horizontal line in the weekly time frame.
- Support @59.52 from a horizontal line in the weekly time frame.
- A support zone ranging from 58.42 to 58.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.28 to 64.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ELS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELS is neutral. |
| ChartMill Relative Strength | 31.62 | NEUTRAL | ELS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.39 | NEUTRAL | The RSI value for ELS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ELS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.74 | NEUTRAL | The Stochastics value for ELS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for ELS suggests low volalility. |
| Average Directional Index/ADX (14) | 15.18 | NEGATIVE | The low ADX value for ELS suggests a weak or negative trend. |
62.05
+0.5 (+0.81%)
EQUITY LIFESTYLE PROPERTIES / ELS FAQ
What is the technical rating for ELS stock?
ChartMill assigns a technical rating of 4 / 10 to ELS.
What is the trend direction for ELS stock?
The current trend direction for EQUITY LIFESTYLE PROPERTIES (ELS) is Bearish.
What is the RSI signal for ELS stock?
EQUITY LIFESTYLE PROPERTIES (ELS) has an RSI value of 52.3861. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for EQUITY LIFESTYLE PROPERTIES?
EQUITY LIFESTYLE PROPERTIES (ELS) has a support level at 61.98 and a resistance level at 62.28. Check the full technical report for our detailed analysis of ELS support and resistance levels.